ALL THE NEWS
BC Iron joins Cleveland Mining for Brazilian tango
/in Uncategorized /by Wally GrahamThere has been much speculation and breath holding in anticipation of what may be the next project or destination for Pilbara iron ore producer BC Iron (ASX:BCI). In 2006, led by its indefatigable managing director Mike Young, BC Iron took an iron ore exploration play located in what was in at the time, inaccessible territory, […]
The rise of computer trading on the ASX – mum and dad investors getting burned
/in Uncategorized /by Wally GrahamThe Australian Securities Exchange is seen by many as one of the most transparent markets in the world, a place where everyone is informed at the same time and where investors big and small can trade shares on equal terms. The ASX says of itself and its own standards, “By providing systems, processes and services […]
Chris Gale – Latin Resources
/in Uncategorized /by Wally GrahamIt should be no surprise a company called Latin Resources would have a South America-focus. The company’s managing director Chris Gale climbed down from the company’s project in Peru to drop by The Roadhouse for a quick chat. Latin Resources has two projects in Peru, the Mariela iron ore project and the Guadaluptio iron heavy […]
Matilda bulks up coffers with $US13 million.
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Matilda Zircon is expecting its cash till to ring the bell with USD$13 million in revenue about to hit from the second shipment of high‐value zircon‐rutile Heavy Mineral Concentrate (HMC) from the company’s Lethbridge South mine in the Tiwi Islands. The revenue will be a healthy boost to Matilda’s cash position, which […]
Azure gets positive result from Promontorio PFS
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: A recent Pre-Feasibility Study conducted for Azure Minerals on the company’s Promontorio copper-gold-silver project, located in Chihuahua State, Mexico has returned positive results. According to Azure the study came back demonstrating the robust technical and economic viability of the project, with its current mining inventory of 656,000 tonnes supporting a 150,000 tonnes […]
Phoenix Gold takes Castle Hill over one million ounces
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: The Castle Hill gold project of Phoenix Gold has had its resource increased to 21.7 million tonnes at 1.5 grams per tonne gold for 1.06 million ounces of gold. The project is located on the Kunanalling shear zone in the heart of the Western Australian Goldfields less than 50 kilometres from Kalgoorlie. […]
Kibaran score strong graphite hit at Mahenge
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Kibaran Resources has reported a further big graphite hit at the company’s Mahenge graphite project. Reverse circulation (RC) drilling being conducted on the Ndololo prospect has intersected 168 metres of graphite mineralisation from a single RC drill hole. The drill hole is 250 metres along strike of the hole Kibaran reported […]
Octagonal to treat Unity gold
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Octagonal Resources has entered into an agreement with Unity Mining to re-process tailings from Unity’s Kangaroo Flat gold mine near Bendigo at Octagonal’s Porcupine Flat gold processing plant at Maldon in Central Victoria. Octagonal has agreed to remove, and re-process all of the flotation concentrate tailings from the Kangaroo Flat gold mine […]
Successful drilling campaign allows Mutiny to increase Deflector Resource
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Mutiny Gold has updated the JORC-compliant Resource for the company’s Deflector gold-copper deposit in Western Australia. Using a 0.5 grams per tonne gold cut-off grade, Mutiny announced the August 2012 Deflector resource model represents an increase of 61,000 ounces of gold, and a 26 per cent increase of average gold grades when […]
Bassari encounters high-grade gold at Makabingui
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Bassari Resources has encountered high-grade gold intercepts from a resource drilling program currently underway at the company’s Makabingui gold project in Senegal, West Africa. Bassari is conducting the drill program with its focus on growing Resources at Makabingui to over one million ounces by year’s end. The current resource drilling program has […]